MillerKnoll Balance Sheet Health

Financial Health criteria checks 3/6

MillerKnoll has a total shareholder equity of $1.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 91.5%. Its total assets and total liabilities are $4.0B and $2.6B respectively. MillerKnoll's EBIT is $238.3M making its interest coverage ratio 3.4. It has cash and short-term investments of $230.4M.

Key information

91.5%

Debt to equity ratio

US$1.34b

Debt

Interest coverage ratio3.4x
CashUS$230.40m
EquityUS$1.46b
Total liabilitiesUS$2.57b
Total assetsUS$4.03b

Recent financial health updates

Recent updates

Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

Jul 18
Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

We Like MillerKnoll's (NASDAQ:MLKN) Earnings For More Than Just Statutory Profit

Jul 04
We Like MillerKnoll's (NASDAQ:MLKN) Earnings For More Than Just Statutory Profit

Some Investors May Be Worried About MillerKnoll's (NASDAQ:MLKN) Returns On Capital

Jun 30
Some Investors May Be Worried About MillerKnoll's (NASDAQ:MLKN) Returns On Capital

MillerKnoll, Inc. (NASDAQ:MLKN) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 16
MillerKnoll, Inc. (NASDAQ:MLKN) Shares Could Be 24% Below Their Intrinsic Value Estimate

MillerKnoll Earnings: I Expect The Worst Is Not Behind Yet

Jun 12

Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

May 23
Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

Why Investors Shouldn't Be Surprised By MillerKnoll, Inc.'s (NASDAQ:MLKN) P/E

Apr 22
Why Investors Shouldn't Be Surprised By MillerKnoll, Inc.'s (NASDAQ:MLKN) P/E

Here's Why MillerKnoll (NASDAQ:MLKN) Has Caught The Eye Of Investors

Apr 10
Here's Why MillerKnoll (NASDAQ:MLKN) Has Caught The Eye Of Investors

A Look At The Fair Value Of MillerKnoll, Inc. (NASDAQ:MLKN)

Mar 14
A Look At The Fair Value Of MillerKnoll, Inc. (NASDAQ:MLKN)

MillerKnoll: Cautiously Optimistic At Current Levels

Mar 02

Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

Feb 28
Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

These 4 Measures Indicate That MillerKnoll (NASDAQ:MLKN) Is Using Debt Extensively

Feb 12
These 4 Measures Indicate That MillerKnoll (NASDAQ:MLKN) Is Using Debt Extensively

Capital Allocation Trends At MillerKnoll (NASDAQ:MLKN) Aren't Ideal

Jan 24
Capital Allocation Trends At MillerKnoll (NASDAQ:MLKN) Aren't Ideal

There May Be Reason For Hope In MillerKnoll's (NASDAQ:MLKN) Disappointing Earnings

Dec 28
There May Be Reason For Hope In MillerKnoll's (NASDAQ:MLKN) Disappointing Earnings

Is MillerKnoll, Inc. (NASDAQ:MLKN) Trading At A 31% Discount?

Dec 10
Is MillerKnoll, Inc. (NASDAQ:MLKN) Trading At A 31% Discount?

Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

Nov 15
Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

Here's Why MillerKnoll (NASDAQ:MLKN) Has A Meaningful Debt Burden

Oct 13
Here's Why MillerKnoll (NASDAQ:MLKN) Has A Meaningful Debt Burden

MillerKnoll (NASDAQ:MLKN) Might Be Having Difficulty Using Its Capital Effectively

Sep 15
MillerKnoll (NASDAQ:MLKN) Might Be Having Difficulty Using Its Capital Effectively

Should You Investigate MillerKnoll, Inc. (NASDAQ:MLKN) At US$15.16?

Jul 04
Should You Investigate MillerKnoll, Inc. (NASDAQ:MLKN) At US$15.16?

Investors Could Be Concerned With MillerKnoll's (NASDAQ:MLKN) Returns On Capital

Jun 08
Investors Could Be Concerned With MillerKnoll's (NASDAQ:MLKN) Returns On Capital

MillerKnoll (NASDAQ:MLKN) Takes On Some Risk With Its Use Of Debt

May 17
MillerKnoll (NASDAQ:MLKN) Takes On Some Risk With Its Use Of Debt

Calculating The Intrinsic Value Of MillerKnoll, Inc. (NASDAQ:MLKN)

Apr 26
Calculating The Intrinsic Value Of MillerKnoll, Inc. (NASDAQ:MLKN)

What Does MillerKnoll, Inc.'s (NASDAQ:MLKN) Share Price Indicate?

Mar 04
What Does MillerKnoll, Inc.'s (NASDAQ:MLKN) Share Price Indicate?

Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

Feb 01
Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

When Should You Buy MillerKnoll, Inc. (NASDAQ:MLKN)?

Nov 17
When Should You Buy MillerKnoll, Inc. (NASDAQ:MLKN)?

MillerKnoll Q1 2023 Earnings Preview

Sep 27

Here's Why Q1 FY23 Is A Critical Quarter For MillerKnoll

Sep 21

MillerKnoll goes ex-dividend tomorrow

Aug 31

MillerKnoll: Profit Margins Are Continuing To Recover From Inflation's Impact

Jul 08

MillerKnoll Non-GAAP EPS of $0.58 beats by $0.11, revenue of $1.1B beats by $10M

Jun 29

MillerKnoll (NASDAQ:MLKN) Has A Somewhat Strained Balance Sheet

May 17
MillerKnoll (NASDAQ:MLKN) Has A Somewhat Strained Balance Sheet

Financial Position Analysis

Short Term Liabilities: MLKN's short term assets ($1.1B) exceed its short term liabilities ($692.3M).

Long Term Liabilities: MLKN's short term assets ($1.1B) do not cover its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: MLKN's net debt to equity ratio (75.7%) is considered high.

Reducing Debt: MLKN's debt to equity ratio has increased from 37.9% to 91.5% over the past 5 years.

Debt Coverage: MLKN's debt is well covered by operating cash flow (26.4%).

Interest Coverage: MLKN's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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